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- W1652887054 abstract "Economists have the habit of solving the wrong problems. They speculatecircumstantially about the behavior of agents and do not come to grips withthe behavior of the monetary economy. This is the consequence of the methodologicalimperative that all explanations must run in terms of the actions andreactions of individuals. The critical point is that no way leads from theunderstanding of the interaction of the individuals to the understanding of theworking of the economy as a whole. The solution consists in moving fromsubjective-behavioral axioms to objective-structural axioms, i.e. from past tofuture." @default.
- W1652887054 created "2016-06-24" @default.
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- W1652887054 date "2014-01-01" @default.
- W1652887054 modified "2023-09-23" @default.
- W1652887054 title "Objective Principles of Economics" @default.
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- W1652887054 doi "https://doi.org/10.2139/ssrn.2418851" @default.
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